Xerox CFO: We're Beyond the Services Tipping Point

Xerox CFO Kathryn Mikells tells TheStreet's James Rogers how the technology giant is planning to boost its services business, which now accounts for 55% of the company's total revenue. Speaking at Xerox's simple@work event in New York, Mikells cites growth in areas such as document outsourcing and managed printing, transportation and healthcare, which generates over $2 billion of Xerox's revenue. Xerox's "highly profitable" technology business will fuel the services push, she adds.

President Trump's move Thursday to cancel his meeting with North Korea leader Kim Jong Un sent the stock market into a "tizzy," according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.